So do have that behind me.I know how quickly monies can go if there are unforeseen repairs.

Yes, what landed us in this position could happen again. simply because the situation stemmed from a few life circumstances (loss of employment, medical problems, new baby, and loss of vehicle) all in a couple months.

All these factors determine when the down payment/ deposit will be released to the seller.No matter the circumstance it is always best to have a third party hold down payment/ deposit with very detailed instructions in the contract which how the money with be paid out, circumstances for refund, etc...

I was explaining cash for keys to my wife earlier tonight....and now that REALLY makes sense...for certain circumstances. 

I also wanted to kind of be seperate from him in my own way some what just incase but that doesn't seem like an option giving the circumstances.

Now regarding your current asset, I have witness many circumstances that have turned regular old CA multi 20 years later to mid level lottery style winnings with redevelopment.

Any charge orders that are submitted or any unforeseen items will extend out the competition date.

He explained there were many unforeseen costs and problems, especially as a new investor.

So how is you having at some point been in a courtroom when a landlord is getting sued (under quite different circumstances I'm sure) at all relevant to a tenant suing a plumber?

Except for odd circumstances you're obliged to the current rent until the lease is up.